Solar Industry Updates
Know the latest news, reports, insights and trends from the Indian solar industry
Gujarat Witnesses 55% Reduction of CO2 Emissions in Energy Production with Solar Policy
Highlights: Gujarat Emitted 9.32 million tonnes less carbon during energy production since the implementation of Gujarat Solar Policy 2021 The state has also secured agreements for over 7.2 GW of solar and wind power capacity. Gujarat
India Expected to Surpass 10 GW Floating Solar Capacity by 2031
Highlights: The global floating solar market is expanding, with the Asia Pacific region dominating the demand. India and China are expected to cross the 10 GW FPV capacity mark in the next 10 years. A report
MSEDCL Successfully Implements over 10,000 Solar Projects in Pune Circle
Highlights: MSEDCL has developed an installed solar capacity of 254 MW in Pune circle Residential installation accounted for a significant portion of this capacity Maharashtra State Electricity Distribution Company Limited (MSEDCL) has successfully developed an installed
Kerala to Develop Thiruvananthapuram as One of the Largest Solar Cities in India
Highlights:Kerala government to develop its capital as a solar cityThe state’s renewable energy agency, ANERT, will be installing solar panels in over 600 government buildingsResidents will also be encouraged to install solar panels, to harness Thiruvananthapuram’s 800 MW solar potential
India Considers Slashing Solar Panel Import Tax by 50%
Highlights: Indian govt. might reduce import tax on solar panels to 20% Environment and finance ministry are also mulling plans to reduce GST on solar panels to 5% The move will help meet the rising demand for clean energy
Global Investments in Solar Set to Overtake Oil Outlay in 2023: IEA
Highlights: Global investments in solar will hit $380 billion in 2023, overtaking oil extraction and exploration investments. While clean energy transition is gaining pace, the rise in fossil fuel investment remains worrying The world is investing more
India Installed 1.9GW of Solar Capacity in Q1 2023: Report
Highlights: As per a new Mercom report, India added close to 2GW capacity in the first quarter of 2023 Rajasthan, Karnataka, and Gujarat had the highest large-scale solar installations According to the latest Mercom report, India
Punjab Plans to Solarize 400 Police Stations Under New Scheme
Highlights: Ludhiana police has inaugurated rooftop solar plants, with a total capacity of 120kW, over 13 police stations. The project, developed under the ‘ujaala - ek changi shuruat’, scheme, will be implemented across the entire state.
Kerala to Launch 15 Solar-Powered Boats to Reduce Fossil Pollution
Highlights: Kerala Water Transport Department to turn half of the state’s conventional boats into solar-powered vehicles The initiative will help eliminate fossil-fuel led pollution The Kerala government is planning to solarize approximately 50% of all conventional boats.
MCD to Install Solar Plants over Parking Lots, EV Charging Stations
Highlights: MCD signs MoU with SECI to install solar plants over suitable buildings in Delhi The projects covering parking lots, charging stations, etc, will be completed under RESCO mode Municipal Corporation of Delhi (MCD) has signed